12 MONTH FORECASTThe 12 month forecast for the 6 Month CD Interest Rate is in the table at the top of this page. Forecast-Chart.com is forecasting that 6 month Certificate of Deposit Rates will be roughly 0.33% in one year. The table shows a HDTFA of 0.11% which suggests that the November, 2019 rate could easily fall between 0.44% and 0.23%. Forecasts for many other interest rates may be found by clicking INTEREST RATE FORECAST at the top of this page.

5 YEAR FORECASTWill the 6 Month Certificate of Deposit Interest Rate be higher or lower 5 years from now?

Look at the table immediately below this paragraph. Forecast-Chart.com is forecasting a probability of 29.2% that the 6 Month CD Interest Rate will be higher in 5 years. The table shows a probability of 70.8% that the rate will be lower in 5 years. (October, 2023 rate compared to the October, 2018 rate). 44 YEARS of historical data were use to calculate probabilities for Forecast-Chart.com's 5 Year Forecast. Check this page each month for updates to the 5 Year Forecast for the 6 Month Certificate of Deposit Interest Rate. The forecast may change substantially as a result of movement in the indicators used in the forecasting model.

Forecast ProbabilityUp 29.2%Down 70.8%Unchanged 0%

5 YEAR FORECAST: Various RatesIn 5 years, how high or how low is the 6 Month CD Rate likely to be?

The first line of the table below indicates that the probability of 6 Month CD Interest Rates being ABOVE .43% in October, 2023 is 19%. The probability of 6 month Certificate of Deposit Rates being BELOW .43% in October, 2023 is 81%. Probabilities for various other rates are shown as well.

HIGHLIGHTSThe 6 Month CD Interest Rate for October, 2018 averaged 0.33%. That's 4 basis points higher than the September, 2018 rate of 0.29%, and 15 basis points higher than the October, 2017 rate of 0.18%. The rise in rates from September to October indicates that the short term rate trend has been up. If that market trend continues, we should see an average daily rate in November, 2018 that is close to 0.37%.

The average 6 Month CD Rate for the last 12 months was 0.24%. The average rate over the last 10 years was 0.36%. Lower rates over the last 12 months compared to the average rates over the last 10 years serve as an indicator that the long term rate trend in 6 Month CD Rates is down.

The highest annual rate over the last 12 months was 0.33%. The lowest was 0.18%. The high annual rate was attained in October, 2018. The market low was achieved in November, 2017.

Forecast-Chart.com's historical research covers 6 Month CD Rate data back to June, 1964. The average annual rate during that period of history was 5.44%. The highest rate was 17.98%. The lowest rate was 0.13%. The market high was attained in August of 1981. The market low was achieved in November of 2015. Recent rates experienced in October of 2018 are low relative to the historical 5.44% average.

This page provides a five year chart and a forecast for 6 Month CD Interest Rates. For links to longer term charts, look at the links under the five year chart (above). One link opens a ten year chart. Another opens our longest term graph on 6 month Certificate of Deposit Rates. Just one glance at our long term charts can provide tremendous insight into the historical trends of the financial markets. The data table above presents the history of the 6 Month Certificate of Deposit Interest Rate in numerical format.